Fri. Jul 5th, 2024

France has narrowed its budget deficit, but how does it compare to other EU states?<!-- wp:html --><p>French economists and public auditors alike breathed a sigh of relief as the national statistics agency INSEE on Tuesday published an annual report showing that the country’s 2022 budget deficit dipped below 5% of GDP. Public debt also slightly decreased. Despite these hopeful figures, France still remains one of the most-indebted countries in the EU. </p><!-- /wp:html -->

French economists and public auditors alike breathed a sigh of relief as the national statistics agency INSEE on Tuesday published an annual report showing that the country’s 2022 budget deficit dipped below 5% of GDP. Public debt also slightly decreased. Despite these hopeful figures, France still remains one of the most-indebted countries in the EU. 

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